Baker Steel Resources Trust to receive $5.16 million from sale of Prognoz Royalty stake
LONDON: Baker Steel Resources Trust Ltd. said Wednesday that it expects to receive approximately $5.16 million in cash in the third quarter, following the divestment of a key royalty interest in a Russian silver project. The company announced that PAL, in which it holds a 49.99% interest, has signed a binding agreement to sell its…